News Details
Williams records £5 million loss in 2012
The Williams Group recorded a £5 million loss in 2012, its latest financial report shows, though it blamed an accounting technicality meant some of its Formula One revenues weren't included. Ths loss follows a £7.4 million profit the previous year. However turnover increased by 22 per cent from £104.5 million to £127 million, whilst an additional £9.4 million hadn't been included "because of the technical interpretation of today's accounting standards," read a statement. The team are yet to score a point in 2013 following a successful season in 2012 which saw them take a victory - their first since 1996. Team co-owner and principal Sir Frank Williams...
Full Story »
Full Story »
13y ago from TheF1Times.com
0
You May Also Be Interested In...
Williams posts £5 million loss for 2012
Williams Grand Prix Holdings has posted a pre-tax loss of £5 million for...
13y ago from GPUpdate.net
Williams records UKP5 million loss
The Williams group recorded a loss of £5.0 million in 2012 as a result...
13y ago from AutoSport.com
Williams financial results mirror on-track...
Williams Grand Prix Holdings has reported positive financial results for...
13y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Inside Marc Marquez’s new approach to racing after...
No description available...
2h ago from Motorsport.com
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
1d ago from MotorsportWeek.c...
MotoGP confirms Aragon to remain on calendar for 2027...
MotoGP has announced that Motorland Aragon will host a race in 2027,...
23h ago from MotorsportWeek.c...
Why the one-bike proposal has left the entire MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
18h ago from Motorsport.com
Winners and losers from the IndyCar race at World Wide...
No description available...
1d ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
1d ago from MotorsportWeek.c...
Official race results: IndyCar 2026 at WWT Raceway
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
6d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
22 G/A this season: Arsenal preparing offer for 50m...
Arsenal are reportedly looking to strengthen their attack with the...
1h ago from CaughtOffside.com
Fresh interest in Arsenal star as club's transfer...
Arsenal attacking midfielder Ethan Nwaneri is reportedly a target for...
37m ago from CaughtOffside.com
Just in: Arsenal contacted by intermediaries to sign...
Arsenal have been made aware of Marcus Rashford’s availability as...
3h ago from CaughtOffside.com
From Italy: Arsenal make approach over potential 50m...
Arsenal are reportedly interested in Roma midfielder Manu Kone and have...
2h ago from CaughtOffside.com
Comments
Hottest News
Nico Hulkenberg calls for crucial F1 rule-change after...
Nico Hulkenberg has called for the FIA to clamp... Read More »
57m ago from MotorsportWeek.com
Ferrari F1 star Charles Leclerc admits bursting into tears...
Ferrari F1 star Charles Leclerc has admitted he... Read More »
37m ago from GPFans.com
VCARB FC: Racing Bulls rebrand with football fever in...
This weekend’s Barcelona-Catalunya Grand Prix... Read More »
2h ago from F1i.com
